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  1. Premier to lower target for economic growth

    Posted Mar 05th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Wen to indicate easing policy in work report Premier Wen Jiabao will indicate a relaxation of government policy today when he sets a much slower growth target and forecasts much higher inflation this year amid increasing uncertainties in the global and domestic economies. In his government work report, to be delivered at today's first plenary session ...

  2. Soaring food prices threaten stability: Wen

    Posted May 28th 2007, 12:00am by Cary Huang

    ... Premier warns of unrest on mainland Premier Wen Jiabao has warned of the danger of rising food prices on the mainland, saying further rises could spark social unrest. Highlighting the seriousness of the problem, Mr Wen visited a pig farm and wet market in ...

  3. Business - Economy - TRADE

    Outgoing commerce chief warns over trade, inflation

    Posted Mar 08th 2013, 05:23pm by Victoria Ruan, Cary Huang

    ... Victoria Ruan and Cary Huang in Beijing Despite strong export figures for last month, outgoing commerce chief says depreciation of US dollar and yen may have negative impact Minister fires warning on trade and inflation The outgoing commerce minister fired a parting shot at Japan and the United States over the negative impact of their monetary easing on China's trade. Chen ...

  4. Growth in producer prices accelerates to 2.4pc

    Posted Jun 10th 2006, 12:00am by Cary Huang

    ... Cary Huang Growth of China's producer prices picked up last month from the two-year low recorded for April, according to data released by the National Bureau of Statistics yesterday. The producer price index, a leading inflation indicator, rose 2.4 per cent last month from a year earlier, after climbing 1.9 per cent in April, as rising capital spending pushed raw material ...

  5. Rising prices eat into incomes

    Posted Apr 26th 2008, 12:00am by Cary Huang

    ... Cary Huang in Beijing Urban residents saw growth in their incomes and consumption slow abruptly in the first quarter. Rising prices also eroded much of their gains and a slowing economy and bearish stock market curtailed spending. In nominal terms the per capita disposable income of urban dwellers grew 11.5 per cent compared with a year earlier, to reach 4,386 yuan (HK$4,875) ...

  6. Rates rise looms on rebound in industrial output

    Posted Jun 15th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Growth may push economy's brake The mainland's industrial output rebounded last month, growing 18.1 per cent year on year and strengthening the case for further macroeconomic tightening measures amid speculation that another interest rate increase is imminent. Last month's growth rate exceeded the 17.4 per cent in April and surprised ...

  7. Loan lift for first-time buyers

    Posted Mar 03rd 2012, 12:00am

    ... by modestly adjusting credit policy, he said. Huang Wenzhai, chairman of the mainland developer Star River Property Holding, told reporters in Guangzhou that developers generally had been suffering ... compared to last year, the Guangzhou Daily quoted Huang as saying. Huang expected home prices would fall 15 per cent this year. House prices in 47 out of 70 surveyed cities fell in January, while ...

  8. Record crop yields likely to stem food inflation

    Posted Dec 03rd 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The mainland's grain output rose 4.5 per cent this year to a record 571.21 million tonnes, with corn output beating expectations, the National Bureau of Statistics said. The bumper harvest will help ease inflation after record corn prices drove pork and egg costs to new highs. It marks the eighth consecutive year of growth ...

  9. Tightening policy should stay for now, Wen says

    Posted Oct 31st 2011, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Premier Wen Jiabao says the country should resolutely continue with its tightening measures on the property market for at least the rest of the year. According to statements posted on the government's official website after a regular State Council meeting that Wen chaired on Saturday, he said local governments should strictly carry ...

  10. China's inflation statistics don't show the true picture

    Posted Mar 02nd 2012, 12:00am

    ... is much higher than the official data imply. And they may have a point. According to Professor Yiping Huang and his colleagues at Barclays Capital, China's CPI does a poor job of reflecting ... that local officials are reluctant to relay the true extent of price rises when reporting to Beijing, argues Huang. As a result, Huang estimates that the official CPI data may have understated last ...




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